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cnbc.com
Billionaire Gautam Adani and nephew agree to pay $18 million in SEC settlement over fraud allegations
Indian billionaire Gautam Adani and his nephew Sagar Adani have agreed to settle a U.S. Securities and Exchange Commission lawsuit over allegations they misled investors.
bbc.com
Claim, counter-claim and tech's seedy side exposed: Five things we learned in the Musk-Altman trial
As the jury deliberates, this is what we found out during the weeks-long trial with two tech titans at its heart.
bbc.com
Hotel owners expected a World Cup boom - so far it hasn't happened
An industry body survey found hotels in World Cup host cities see the tournament as a "non-event".
cnbc.com
China to buy U.S. oil to feed its 'insatiable appetite,' Trump tells Fox News
Trump and Chinese President Xi Jinping are scheduled to meet Friday to close out a two-day summit that has featured pageantry and dealmaking.
cnbc.com
Honda shares rise over 7% as investors shrug off first operating loss in nearly 70 years
Honda Motor rose over 7% on Friday, even after posting its first annual operating loss in nearly 70 years.
cnbc.com
South Korea’s Kospi retreats from 8,000 milestone as Trump-Xi talks enter second day
Asia-Pacific markets fell as investors tracked the second day of high-stakes talks between Donald Trump and Xi Jinping.
cnbc.com
Oil prices jump after Trump says China agreed to buy U.S. crude following Xi talks
Oil prices rose Friday on news that China has agreed to purchase oil from America
bbc.com
CIA chief visits Cuba as energy crisis worsens
The reported visit to Havana came after the US renewed an offer of aid to ease the effects of its oil blockade.
cnbc.com
China will order 200 Boeing jets, Trump tells Fox News
President Donald Trump told Fox News that China has agreed to buy 200 Boeing jets, according to a clip that aired Thursday.
bbc.com
Trump brought top CEOs to Beijing but few big deals emerge
There were plenty of choreographed ceremonies but no sweeping trade breakthrough as Trump met Xi in Beijing.
cnbc.com
CNBC Daily Open: Trump-Xi summit delivers Wall Street boost
Investors are monitoring Day 2 of a high-stakes Xi-Trump summit in Beijing after the first day signaled an easing of trade tensions and some deals.
bbc.com
Why Modi wants Indians to buy less gold and take fewer foreign holidays
Modi has urged Indians to save dollars as war and oil shocks strain the rupee and economy further this year.
cnbc.com
Musk's China trip during OpenAI trial prompts apology from his lawyer for CEO's absence
Musk sued his OpenAI co-founders Sam Altman and Greg Brockman, alleging they had violated a promise to keep their company a nonprofit.
bbc.com
Inside the secretive and lucrative world of orchid breeding
It can take a decade to bring a new orchid to market, so breeders keep their hi-tech processes secret.
bbc.com
AI could put people off tech jobs and hurt the economy, warns Raspberry Pi boss
Eben Upton warns against claims that Artificial Intelligence will destroy vast numbers of computing roles over the coming years.
cnbc.com
SpaceX IPO prospectus could land as soon as next week, sources say
Elon Musk's reusable rocket company is getting closer to what's expected to be a record stock market debut.
cnbc.com
Cisco posts best day since 2011 on strong AI demand, CEO says tech is entering a 'networking supercycle'
Shares headed for their best day in more than two decades after Cisco blew past its AI infrastructure and hyperscaler orders guidance for the fiscal year
cnbc.com
Cerebras pops 68% in Nasdaq debut, pushing the AI chipmaker's market cap to $95 billion
Cerebras is taking advantage of a bull market for silicon, as the chipmaker becomes one of the most notable pureplay AI IPOs to date.
cnbc.com
Versant stock jumps 10% after company's Q1 report shows bright spots in licensing, platforms
Versant, the portfolio of TV networks spun out from Comcast, reported earnings for its first quarter as an independent company.
cnbc.com
Crypto industry scores win as Clarity Act regulation bill clears Senate hurdle
The Senate Banking Committee advanced a rules-of-the-road crypto bill known as the Clarity Act by a vote of 15-9.
theguardian.com
The gilt market will hover over any Labour leadership contest | Nils Pratley
The Iran war is the bigger story – but the bond market is primed to deliver a kick if extreme positions arise from a formal raceIt is a mistake to think every twitch in the price of UK government debt is caused by the latest instalment in the great Labour leadership meltdown. Waiting for Wes is not the only drama in town for your average bond vigilante. Resolution – or not – to the Iran conflict is still the bigger story.Those vigilantes will not be ignoring events in Westminster, obviously. It’s just that there is not yet much to chew on in terms of what it means for fixed-income investors’ daily diet of expectations for inflation, interest rates, growth, borrowing and so on. Continue reading...
cnbc.com
China will work behind the scenes to help reopen the Strait of Hormuz, Bessent says
President Trump held talks with President Xi during a two-day summit in Beijing on Thursday.
theguardian.com
Google denies breaching law by promoting suicide forum linked to 164 UK deaths
US-based site, whose operators were fined £950,000 by Ofcom, appears in Google’s search results and can be accessed in UKGoogle has denied breaching the Online Safety Act by promoting a “nihilistic” suicide forum associated with 164 deaths in the UK, where it is supposed to be banned.The UK’s internet regulator fined the forum’s US-based operator £950,000 because the site, which “presents a material risk of significant harm”, can still be accessed in the UK despite British laws criminalising encouraging or assisting suicide.In the UK and Ireland, Samaritans can be contacted on freephone 116 123, or email jo@samaritans.org or jo@samaritans.ie. In the US, you can call or text the 988 Suicide & Crisis Lifeline at 988 or chat at 988lifeline.org. In Australia, the crisis support service Lifeline is 13 11 14. Other international helplines can be found at befrienders.org Continue reading...
theguardian.com
Nigel Farage now says £5m from crypto billionaire was ‘reward’ for Brexit push
Reform UK leader offers new explanation for gift, which is under investigation, having first said it was for his securityUK politics live – latest updatesNigel Farage has provided a new explanation for why he accepted a £5m gift from a Reform UK donor in the weeks before he announced he would stand in the last general election.In an interview on Thursday, Farage said the money was a “reward” for campaigning for Brexit. Previously, he had said the gift was given for security purposes, to keep him “safe and secure” for the rest of his life. Continue reading...
bbc.com
Woman in bank row over depositing £900 HMRC cheque
Annabel Yates says she faces a 94 mile round trip to bank a cheque because of changes at Lloyds.
cnbc.com
U.S., EU lawmakers pledge European scrutiny of Paramount's WBD deal
The lawmakers, in a letter reported first by CNBC, told Paramount CEO David Ellison that the Warner Brothers Discovery acquisition would stifle competition.
cnbc.com
Xi tells Musk, Tim Cook and other CEOs on Trump's trip: China will 'open wider'
Tesla and Space X boss Elon Musk, Nvidia's CEO Jensen Huang and Apple CEO Tim Cook were part of Trump's delegation.
cnbc.com
U.S. can hold AI talks with China because ‘we are in the lead,’ Bessent tells CNBC as nations plan safety protocol
The U.S. Treasury secretary also said President Donald Trump would likely comment on the Taiwan issue in coming days.
bbc.com
Cost of living concerns in St Helier Central
The BBC has heard concerns about poverty and cost of living from St Helier Central voters.
cnbc.com
Bond markets brace as UK PM Starmer's political rivals break cover, heath sec. Streeting resigns
The prime minister's colleagues could be ready to mutiny, with leadership bids potentially being announced Thursday.
theguardian.com
Reeves seizes on surprise UK growth as evidence Labour leadership must stay
Chancellor says ‘now not the time to put economic stability at risk’ as ONS records 0.3% growth in first month of Iran warBusiness live – latest updatesAnalysis: Reeves says ‘if economy ain’t broke, don’t fix it’The chancellor has seized on official figures showing the UK economy was more resilient than feared at the start of the Iran war as evidence to keep the current Labour leadership in place.Rachel Reeves hailed the fact that the economy unexpectedly grew in March, during the first month of the conflict in the Middle East, as proof the government had “the right economic plan”. Continue reading...
theguardian.com
‘It’s like stealing’: Palestinian family’s seized property listed on Booking.com
West Bank home described as ‘ideal for outdoor gatherings’ is among 41 listed rentals in illegal Israeli settlements Some of Mohammad al-Sbeih’s fondest childhood memories are of his small farm in the hills south of Bethlehem, where three generations of his family grew wheat and barley.“It was a hard plot to farm as it was on a hillside with terraces, but it was so beautiful,” Sbeih remembers. Continue reading...
theguardian.com
Jaguar Land Rover annual profit falls 99% after US tariffs and cyber-attack take toll
Britain’s largest carmaker says sales also hit by competition in China as it publishes financial resultsBusiness live – latest updatesJaguar Land Rover’s annual profits have slumped by more than 99% as it counted the cost of US tariffs and a cyber-attack that disrupted its factories for months.Britain’s largest carmaker made only £14m in profit before tax and exceptional items in the year to March, down from £2.5bn the year before, according to financial results published on Thursday. Continue reading...
bbc.com
Honda makes its first annual loss in 70 years
The firm will now pivot away from scrapping its target for all of its vehicles to be electric by 2040.
cnbc.com
Trump-Xi summit could hinge on these two crucial tech flashpoints
Access to the world's second largest economy for U.S. tech companies and talks on critical minerals could be key points of discussion.
cnbc.com
Five takeaways from the Trump-Xi summit in Beijing so far
The two leaders agreed to forge more cooperative ties in a high-stakes meeting full of friendly gestures between two countries that have been battling for years.
bbc.com
Faisal Islam: Six things we now know about the UK economy in charts
The UK economy is showing resilience – it’s worth diving into the data in more detail to understand why.
theguardian.com
Rachel Reeves suggests if it ain’t broke, don’t fix it – as fight to keep her job goes on
The GDP boost has raised the chancellor’s prospects for staying in post, whoever wins the Labour leadership battleUK economy records surprise 0.3% growth despite Iran warThe message from Rachel Reeves is clear. After Britain’s economy defied the predictions for a slump in March, despite the fallout from the Iran war, why put things at risk with a roll of the dice in domestic politics?Responding to bumper growth of 0.3% in March – much stronger than City economists’ forecasts for a 0.2% contraction – the chancellor said the figures showed she had the right economic plan, in a comment laced with subtext. Continue reading...
theguardian.com
Burberry’s £2,000 Cotswolds handbag hits ‘a sweet spot’ with Americans
Zeal for ‘the Hamptons of England’ has rubbed off on sales, with luxury British fashion brand back to a full-year profitBusiness live – latest updatesThe luxury fashion brand Burberry has said a new £2,000 handbag named after the Cotswolds has bolstered sales, as the English region becomes increasingly popular with wealthy Americans.Joshua Schulman, the company’s chief executive, said its tote bags – which mix leather and the signature Burberry check – had helped drive its best performance in bag sales since 2023. Continue reading...
cnbc.com
Chinese companies are ramping up homegrown AI chips, even if Nvidia is coming back
Chinese tech companies have turned to domestic chips as Nvidia has remained shut out of the market.
theguardian.com
Hedge fund proposes £1bn buyout of UK’s biggest private hospital operator
Shares in Spire Healthcare jump after approach from Toscafund, founded by City figure known as ‘the Rottweiler’The board of Britain’s largest private hospital operator has backed a buyout proposal worth £1bn from its second biggest shareholder, a hedge fund manager known as “the Rottweiler”, sending its shares soaring by nearly 50%.Spire Healthcare, which owns the Claremont hospital in Sheffield and St Anthony’s hospital in south London, said it had received a non-binding proposal worth 250p a share from funds advised by the activist investor Toscafund Asset Management. Continue reading...
theguardian.com
Privately educated CEOs seen as ‘safer bet’ by investors, study finds
Privilege being mistaken for competence as study reveals no evidence to suggest companies run by state-educated peers underperformChief executives who attended private school are perceived by investors as a “safer bet”, according to a study, despite there being no evidence they perform or behave differently to their state-educated counterparts.Companies run by privately educated bosses tend to experience lower stock market volatility, even though there are no meaningful differences in their performance, decision-making or crisis management, the research from the University of Surrey found. Continue reading...
theguardian.com
The Elon Musk v Sam Altman battle is a distraction | Karen Hao
Fixating on questions of whether Altman is untrustworthy, or whether Musk is even less so distracts from a far deeper problem with AIIf it wasn’t already clear, Elon Musk and Sam Altman hate each other.While the two men were once co-founders of OpenAI, they’re now locked in a vicious feud, playing out in all its theatrics in front of a judge and jury in a California courtroom. Musk is suing, alleging that Altman and OpenAI’s president, Greg Brockman, tricked him into forming and funding the organization as a non-profit before they subsequently restructured it to have a for-profit entity. OpenAI says Musk was well aware of those plans and frames the lawsuit as an attempt to derail a competitor. Continue reading...
cnbc.com
Goldman Sachs warns UK T-bills are no 'magic bullet' for UK fiscal woes as borrowing costs surge
The U.K. government could look to issue more shorter-dated debt in a bid to ease its overall funding costs.
cnbc.com
Venezuela embarks on $150 billion restructuring of debt amid political turmoil
Venezuelan officials said they wanted to “free the country from the burden of accumulated debt.”
theguardian.com
Why do we keep building on land at risk of flooding?
A recent study by Aviva found that one in nine new homes in England are being built on land at risk of flooding – often entirely within planning rules. Josh Toussaint-Strauss investigates how the system allows developers to profit while homeowners bear the costCheck your flood riskSign up for flood warningsMake a flood plan Continue reading...
bbc.com
Major police operation targets drug and knife crime
West Midlands Police brings Operation Fearless to Handsworth.
theguardian.com
War, inflation and Trump’s tariffs have shaken the US. Why does the stock market keep going up?
Wall Street has proved incredibly resilient to instability, and while consumer confidence has dipped, shares have soaredIt was a dark Friday for Wall Street on 27 March. Oil prices were climbing and the war with Iran raged on. Markets responded accordingly, with the Dow and Nasdaq entering correction territory, falling more than 10% below their peak, after a month of selloffs.Fast forward seven weeks later to 13 May, and the situation in Iran only looked marginally better. Oil prices were high, and the strait of Hormuz was still closed. Peace talks with Iran seemed tenuous, even with the pressures of high gas prices. Donald Trump on Wednesday said he was “not even a little bit” motivated by Americans’ financial situation to end the war. Continue reading...
bbc.com
UK economy sees surprise growth in March despite Iran war
The economy grew by 0.3% in the month, official figures show, confounding analysts' forecasts of a small contraction.
cnbc.com
Polestar CEO tells CNBC ‘pump anxiety’ has made EVs ‘all about money’
The EV maker is seeing an increased demand for both used and new cars as fuel prices have gone up following the disruption at the Strait of Hormuz.
cnbc.com
Nvidia's Jensen Huang on China trip: ‘President Trump asked me to come’
U.S. President Donald Trump on Wednesday landed in Beijing for the high-stakes summit with China.
cnbc.com
Iran war fallout forces Singapore Airlines-backed Air India to cancel 27% of international flights
Air India, a carrier co-owned by Tata Group and Singapore Airlines, plans to scale back over a quarter of its international flights from June as rising costs bite.
theguardian.com
‘Inevitable’ jet fuel shortages will drive up air fares this summer, says Willie Walsh
Impact of disruption from Iran war may be felt into 2027 even if strait of Hormuz reopens, says aviation body bossIncreases in air fares for travellers in Europe are “inevitable” over the peak summer period because of the high cost of jet fuel, according to the head of the international aviation body.While some airlines faced with weak demand have reduced their European fares recently, Willie Walsh, the former British Airways boss who leads the International Air Transport Association, said there was no way carriers could absorb the extra costs in the long run. Continue reading...
bbc.com
Changes to PIP payments
Finance expert Laura Pomfret explains to PIP payments.
cnbc.com
Trump-Xi summit revives China tech rally hopes as U.S. reportedly clears Nvidia H200 sales
Market watchers are betting that the Trump-Xi summit could extend trade truce and lift Chinese equities.
cnbc.com
Cuba says oil and diesel supplies have run dry under U.S. sanctions
A Cuban official said the situation is “extremely tense” as blackouts sparked protests in Havana on Wednesday.
theguardian.com
Labour is being destroyed by dithering: it should either do Brexit properly or rejoin the EU | Larry Elliott
The UK has been suffering since going it alone, but Starmer’s noncommittal approach has made things worse. No wonder voters are angryTen years on from the referendum, Brexit still shapes British politics. It has smashed the two-party duopoly and continues to divide the country. Keir Starmer’s struggle to remain prime minister after last week’s drubbing for Labour in elections in England, Scotland and Wales is proof of that.Voters took politicians at their word after the decision was made to leave the EU. The reason “Take back control” worked as a slogan was that it chimed with the public mood in large parts of Britain. Continue reading...
theguardian.com
‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again
As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrousBusiness live – latest updatesUK economy records surprise 0.3% growth despite Iran warAnalysis: Reeves says ‘if economy ain’t broke, don’t fix it’A rise in borrowing costs and warnings to avoid a “Liz Truss moment”. As Keir Starmer faces a potential leadership challenge, the spectre of the bond market looms large.Amid febrile conditions in Westminster, the prospect of Britain switching prime ministers for a sixth time in seven years has fuelled a sharp sell-off in the market for UK government debt. Continue reading...
bbc.com
HMRC to use AI from British tech firm to spot fraud and tax return errors
Quantexa, a financial data platform, won the £175m contract to spot fraud and tax return errors.
bbc.com
Australian giant Coles misled shoppers with fake discounts, court rules
The decision, which comes amid similar case against Woolworths, could mean significant penalties.
cnbc.com
Inside India newsletter: Trump-Xi meeting could test India’s positioning as China counterweight
For more than two decades, consecutive U.S. administrations have seen India as a counterbalance to China's growing influence in the Indo-Pacific.
cnbc.com
Japan's global defense business may be on the cusp of a big breakout
Can Japan be a major player in the international defense sector, like its neighbor South Korea?
bbc.com
Big tech bets on new mascots in bid to seem more cuddly
The likes of Apple, Microsoft and Google are all putting cartoon characters centre stage.
bbc.com
Warning higher Europe air fares 'inevitable' due to Iran war
Flying by air will get more expensive as oil prices remain high, says international industry body boss.
theguardian.com
Housing market in England and Wales weakening due to Iran war, say estate agents
Homebuyers more cautious due to possible mortgage rate rises and higher inflation as sellers sit on propertiesFears of higher mortgage rates and rising inflation as a result of the Middle East conflict are leading to a subdued and downbeat housing market, according to estate agents.Demand from potential homebuyers across England and Wales has shown a “noticeable softening” recently, according to a monthly survey of estate agents by the Royal Institution of Chartered Surveyors (RICS). Continue reading...
bbc.co.uk
The Food Chain
How batch cooking can save time, money and food waste
bbc.co.uk
Business Daily
As Trump meets Xi how is the relationship between the world's two biggest economies?
bbc.com
Trump's Fed chair pick Kevin Warsh confirmed by US Senate
Kevin Warsh was confirmed by the narrowest margin since the role required a Senate confirmation vote.
theguardian.com
Milka maker milked shoppers over size of chocolate bars, German court rules
Brand owner Mondelēz was accused of reducing weight of Alpine Milk bar from 100g to 90g without significantly altering the packagingMany chocolate lovers consider shrinkflation a serious crime – and they have been vindicated after a German court ruled that the makers of Milka cheated consumers by cutting the bar’s size, while keeping the wrapper the same.The three-week case in a regional court was brought by Hamburg’s consumer protection office. It accused the chocolate brand’s US owner Mondelēz of deceiving shoppers by cutting the weight of Milka’s classic Alpine Milk bar from 100g to 90g without significantly altering the distinctive purple packaging. Continue reading...
theguardian.com
The Guardian view on the king’s speech: an agenda for a government that lacks conviction | Editorial
Keir Starmer’s programme is fatally limited by the timidity of an election manifesto that shied away from hard argumentsEnding 14 years of Conservative rule was supposed to bring an end to dysfunctional government. In the speech that launched his 2024 general election campaign, Sir Keir Starmer said that “a vote for Labour is a vote for stability … a vote to stop the chaos”. Less than two years later, Sir Keir’s government looks no sturdier than its predecessors. The prime minister’s chances of serving a full term in office look slim.There are as many reasons for this precipitous decline as there are Labour MPs calling for a change of direction. The common analysis is that a project branded by the single word “change” has neither transformed people’s lives for the better nor given them confidence that a transformation is coming. For many voters, the prime minister is the embodiment of a miserable status quo.Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
theguardian.com
Labour lost the vote of small business owners like me | Letter
Restaurant owner Nicola Powell says the government’s tax burden has made her poorer even as she works harderYour report (Reform wins across northern England overturn decades of Labour control, 8 May) touched on Labour losing support among small business owners. I wanted to offer the perspective of a small independent business owner who has traditionally supported Labour.Labour’s poor local election results may reflect a growing frustration among small business owners who no longer feel recognised as “working people”. In hospitality, hair and beauty, retail and trades, there are thousands upon thousands of us keeping local economies alive while taking home increasingly modest incomes ourselves. Continue reading...
theguardian.com
EU proposes end to ‘five tabs, three apps and a prayer’ for cross-border train bookings
New rules would enable single-ticket bookings across multiple rail operators throughout EuropeCross-border train journeys through several European countries are the stuff of many a holidaymaker’s dreams.But the reality of trying to buy the tickets, navigating multiple websites without knowing who can help if a connection is missed, can prove less than relaxing. As one MEP puts it, it can often require “five tabs, three apps and a prayer”. Continue reading...
theguardian.com
Chinese court awards compensation to sacked worker replaced by AI
Case attracts widespread attention as example of China balancing enthusiastic adoption of AI with job securityA court in China has ruled in favour of a worker whose company replaced him with artificial intelligence (AI), awarding him more than £28,000 in compensation.The worker, whose surname is Zhou, joined a tech company in the eastern city of Hangzhou in 2022 as a quality assurance supervisor overseeing large language models used in AI products. Continue reading...
bbc.com
WhatsApp launches totally private 'incognito' conversations with its AI chatbot
A cyber security expert says deleting chat history could lead to a lack of accountability if things go wrong.
theguardian.com
‘This is not a World Cup for the people’: residents in host cities sound alarm over housing affordability
Organizers fear Fifa event will deepen crisis as short-term listings proliferate and sweeps displace unhoused peopleMore than 10 million people are expected to visit the US for the World Cup this summer. However, where and how to accommodate these visitors has been a concern among residents and affordable housing advocates in host cities from Seattle to Atlanta.Hotels remain under-booked in America’s 11 host cities, while short-term rental listings in some cities have increased by as much as 30% in recent weeks. To incentivize homeowners and landlords to become hosts during the World Cup, platforms such as Airbnb are offering a $750 sign-up bonus, with some rental listings already reaching $6,000 a night. Advocates worry that an increase in short-term listings will lead to a tighter rental market and higher rents for residents in host cities. Continue reading...
bbc.com
Ex-rugby star on the joys of his own burger stall
Ex-England and Leicester Tigers hooker Tom Youngs says the new venture brings families to the farm.
theguardian.com
Is the USA ready for the World Cup? – Football Weekly podcast
Max Rushden is joined by Barry Glendenning, Alexander Abnos and Leander Schaerlaeckens to preview the World Cup with one month to go until kick offRate, review, share on Apple Podcasts and join the conversation on email.On today’s podcast: With a month to go until the World Cup in the USA, Canada and Mexico, we’re joined by two experts in the US to discuss ticket prices, Iran, visas, ICE, Donald Trump, Gianni Infantino, public transport and general enthusiasm for the tournament. Continue reading...
bbc.com
Shrinking Milka chocolate bar tricked consumers, says German court
A court in Bremen has found the manufacturer of the classic Alpine Milk chocolate bar guilty of "shrinkflation".
theguardian.com
Lab testing group Intertek to back £10.6bn takeover by Swedish firm EQT
FTSE 100 business ‘minded to recommend’ £60-a-share tilt from company owned by billionaire Wallenberg familyBusiness live – latest updatesThe laboratory testing company Intertek has become the latest FTSE 100 business to agree to a takeover, backing a £10.6bn approach from a private equity firm owned by Sweden’s billionaire Wallenberg family.After rebuffing three previous approaches, Intertek’s board said it was “minded to recommend” the £60-a-share tilt from the Swedish buyout firm EQT to shareholders, if there was a firm offer. Continue reading...
bbc.com
Tui sees summer sales fall 10% due to cautious UK customers
The travel operator says customers are delaying booking holidays over Iran war concerns.
bbc.com
Why are UK prices rising more quickly?
The war in Iran has pushed UK Inflation further above the Bank of England's 2% target.
theguardian.com
1MDB financier Jho Low seeks pardon from Donald Trump
Fugitive faces charges including corruption and money laundering in US and Malaysia for role he allegedly played in scandalThe fugitive Malaysian financier Jho Low, a central figure in the multibillion-dollar scandal at the state fund 1Malaysia Development Berhad (1MDB), is reportedly seeking a pardon from the US president, Donald Trump.Low faces multiple charges including corruption and money laundering in the US and Malaysia for the important role he allegedly played in the misappropriation of at least $4.5bn (£3.3bn) from 1MDB. Continue reading...
theguardian.com
The lollipop people crisis: what does the road rage against them say about Britain today?
They just want to help children safely across the road on their way to and from school. Yet lollipop people are having to wear body cameras after an increase in abusive and dangerous drivers. How did things get so out of hand?There aren’t many jobs that often involve jumping out of the path of speeding cars – but for the lollipop people of Britain today, this is the sad reality. And it doesn’t stop there: aggression, swearing and middle fingers are just a few examples of the intimidation and abuse they face on our roads.“Oh my God, I mean, abuse of lollipop people? What has the world come to?” says Lynne Gorrara. It’s a crisp, sunny afternoon in Ipswich and the 61-year-old is holding a towering stop sign above her head, clearing a crossing for a stream of schoolchildren. This spot – on a narrow residential road, with a hospital in one direction and shops in the other – is notorious for abusive drivers. Continue reading...
theguardian.com
‘You have to be where the pollution is’: the inventor hoping to fix your washing machine to stop microplastics
Matter Industries founder Adam Root has developed a filter to trap microfibres at home and on an industrial scale. But is it just a drop in the ocean?The dinky device slots seamlessly into the modest space above my washing machine. A pipe snakes down from it, drawing in wastewater from my clothes washes. At the end of each wash cycle, the machine makes a polite whirring noise: that’s the sound of the groundbreaking bit of technology working, according to its inventor, Adam Root. That invention is a microplastics filter.“The most common thing we hear [from customers] is: ‘I cannot believe how much material is coming out of the washing machine,’” says Root. “Somebody sent me [photos of] dinner-platefuls.” Continue reading...
bbc.com
Elon Musk and Jensen Huang among CEOs joining Trump on China trip
More than a dozen US executives have joined the president on his visit, where he will meet his Chinese counterpart Xi Jinping.
theguardian.com
Why was the NDIS so severely cut? And your other 2026 federal budget questions answered – video
How can Labor say changes to property taxes are a win for young people, when they also lock in boomers’ ability to negatively gear their investment properties? Why is the NDIS receiving such severe cuts? Guardian Australia’s business reporter Luca Ittimani answers these questions about the 2026 federal budget and more This bold budget has grasped the nettle of tax and housing – but it may not be enough to move the needle for younger AustraliansBudget 2026 Australia: Jim Chalmers goes for broke in federal budget facing twin threats of housing pain and Iran war disasterExplore all of our 2026 Australia federal budget coverage Continue reading...
theguardian.com
Trump-Xi China summit: five key issues on the agenda
The US president has arrived in Beijing to much pomp and ceremony. Iran, Taiwan, trade, AI and drugs look set to dominate talks at the summitTrump-Xi summit liveDonald Trump has arrived in China to much pomp and ceremony. His state visit – the first by the US president in nearly a decade – comes amid a time of geopolitical upheaval, a new and intractable conflict in the Middle East, and a sometimes rocky relationship between the world’s two major superpowers.Trump began his trip by describing the Chinese President Xi Jinping as a friend, and promising the US-China relationship “is going to be better than ever”. Continue reading...
bbc.com
What do Japanese crisps have to do with the Iran war?
Calbee says it will temporarily switch to black and white packaging as ink supplies have been disrupted by the closure of the Strait of Hormuz.
theguardian.com
Decoding America: Trump takes tech bros to China – podcast
On the eve of Donald Trump’s trip to Beijing, co-hosts Reged Ahmad and Jonathan Yerushalmy examine how the US president’s approach to relations with Xi Jinping has changed since he first ran for office, and what both leaders expect to get from the meeting. They also look at the tech CEOs travelling with Trump, including Tesla’s Elon Musk and Apple’s Tim Cook, and why trade will be such a focus of the visit.Also: how did Trump’s ballroom blow out to its billion-dollar price tag? And who will pay for it? Continue reading...
bbc.com
Glassmaker questions future of UK manufacturing
Bristol Blue Glass says rising energy costs and taxes have forced its closure.
bbc.com
London traders hit by 'king of mangoes' shortage
London’s Alphonso mango supply is down this year due to fewer imports and higher prices for shoppers.
bbc.com
Smart glasses are 'an invasion of privacy' - Meta's are selling better than ever
The biggest tech firms are set to sell millions of smart glasses despite growing privacy concerns.
theguardian.com
Labour needs a battle of ideas now, not a scramble to snatch the keys to No 10 | Rafael Behr
Removing Starmer solves the problem of an unpopular leader, but without a coherent alternative agenda his successor won’t fare much betterLabour has spent much of the past year paralysed by competing fears. MPs’ dread of facing voters with Keir Starmer as prime minister has been kept in check by their recoil from the process of replacing him. They know the prime minister is an electoral liability; they know that the electorate takes a dim view of chaotic, regicidal parties that showcase disunity and factional rancour when they are supposed to be running the country.Impatience with Starmer’s leadership has, until now, been neutralised by reluctance to gamble on a contest that might replace him with someone worse. Last week’s local and devolved ballots changed the calculus. Labour MPs now have indisputable evidence that they are cruising towards nationwide electoral oblivion. A growing number think the trajectory will not change if the leader stays the same.The future starts with us: Gordon Brown in conversation. On Thursday 10 September, join Hugh Muir and Gordon Brown to discuss the intricate connections between global instability and civic decline, as explored in Brown’s new book, The Future Starts With Us. Book tickets here or at guardian.liveRafael Behr is a Guardian columnist Continue reading...
theguardian.com
Public health at risk across Asia as Iran crisis sends price of cooking gas soaring
Families turn to dirty fuels such as firewood, bringing fears over air pollution and fragility of energy transitionIn the ramshackle lanes of a south Delhi slum, Afshana Khatoon crouched wearily on her haunches and began lighting a small pile of firewood.She had only just returned from six hours spent trudging through the urban forests and dry parks of India’s capital looking for kindling to turn into a makeshift stove. As the unforgiving summer heat soared above 40C, she had walked for miles, piling the sticks and fallen branches into a bundle on her head while sweat ran down her face. Continue reading...
theguardian.com
Is Big Brother watching you shop? – podcast
From supermarkets to corner shops, live facial recognition could be coming to retailers near you. Jessica Murray on the AI systems increasingly used by the police and storesLive facial recognition is being hailed as a powerful new frontier in the fight against crime, not only by police but by private companies too. Retailers from supermarkets to corner shops hope it will help them fight back against shoplifting.But the Guardian’s social affairs correspondent, Jessica Murray, points out that it will also expand surveillance into more and more public spaces. And the technology doesn’t always get it right. Continue reading...
bbc.com
Elon Musk said control of OpenAI should go to his children, Sam Altman tells jury
Sam Altman said Elon Musk tried many times for total control of OpenAI, which he's now suing.
theguardian.com
‘There’s too much risk’: Britons on changing holiday plans amid Iran war
Prospect of flight cancellations and petrol shortages prompt people to switch from air and road to rail and busThe Middle East crisis, now in its 11th week, has resulted in higher fuel prices for drivers and prompted fears of jet fuel shortages, rising air fares and cancelled flights.Given the uncertain outlook, prospect of higher travel costs and potential disruption, we asked whether people had changed their holiday plans. Continue reading...
theguardian.com
Royal Caribbean ‘unfairly’ charged me over booking for disabled son
We had booked a cruise for him and his carers, but we had a string of problems when we tried to change namesIn November 2024, I booked a cruise for my wife, myself and our severely disabled son for this July. I’d booked well in advance to ensure an accessible cabin for my son. At home, he needs round-the-clock care from a rota of eight carers, so we made extra bookings for three to accompany him.Because the care team has other commitments, I couldn’t confirm their names at the time of booking and was told to do so by this April, when the balance had to be paid. Continue reading...
theguardian.com
Seven-day weeks and ‘debt bondage’: China’s first electric car plant in Europe mired in allegations of worker abuse
The BYD factory being built in Szeged, Hungary, is facing scrutiny after reports of EU labour laws being violated among the Chinese migrant workforce Multilingual signs in most airports in the EU opt for English, but in Hungary, there is also Chinese, making it easy for migrant workers flying in to staff China’s first electric car plant in Europe – due to open in 2027.The third language was introduced in 2019 as the recently ousted leader Viktor Orbán embarked on a “comprehensive strategic partnership” with China, positioning himself as its most reliable friend in Europe. Continue reading...
bbc.com
Not so dusty: How tech is changing woodworking
Woodworking shops have been transformed by tech to make tools safer and more precise.
bbc.com
Ovo energy customers urged not to panic as takeover planned
All existing tariffs will be honoured in full under a planned deal that could create one of Britain's largest energy suppliers.
theguardian.com
Can you move your pension to dodge inheritance tax? Fraudsters say so
Criminals exploit confusion or anxiety over new IHT rules by offering a ‘safe haven’ for savings potsThe caller pitches a great deal. Shift the moneysaved in your pension and reinvest it in a scheme overseas where you can avoid it being caught under next year’s changes to the UK’s inheritance tax (IHT) system.From April next year, any money left in a defined contribution pension after your death, which is most workplace and all private pensions, will be pulled into the IHT net. Continue reading...
theguardian.com
I was fined £500 for putting a cigarette butt in a refuse sack
Haringey council’s penalty seems extortionate – especially when other authorities charge lower amountsI read your story about a man fined £500 for dropping a cigarette butt on the pavement.I have been issued with a £500 fixed-penalty notice (FPN) by Haringey council for putting a butt in a refuse sack awaiting collection on the street. Continue reading...
theguardian.com
UK savings: six traps to avoid when you’re finding a new deal
If you are looking for a new account, there are some good rates around, but also pitfalls to watch out forEarning as much as 7% on your savings sounds great – but what’s the catch? The top-paying accounts often come with strings attached, which could mean your money is not working as hard as you thought.That’s important because there is a lot of cash sitting in fixed-rate savings accounts that are about to reach the end of their term. The total amount in accounts maturing between April and June is £90bn, according to the savings app Spring – and that money will need to find a new home. Continue reading...
bbc.com
Haggling prices and chasing debts - tradespeople hit with cost of living headache
More than half of tradespeople have seen an increase of late payments compared to a year ago, a survey finds.
bbc.com
Council confirms £300 heating oil support
"Residents should not be left behind simply because they are off the gas grid," council leader says.
bbc.com
Cyber-crime increasingly coming with threats of physical violence
While hackers used to sneak into computer systems, intimidation of staff is now more common.
bbc.com
How sunburn inspired a new way to store energy
Molecules that can capture heat could be a useful technology to decarbonise heating.
bbc.com
How Sir David Attenborough built 'Green Hollywood'
The city is responsible for 80% of the world's natural history TV shows.
bbc.com
Gulf economies face long-term hit from Iran conflict
Commentators say it will take years or even decades to repair the damage.
bbc.com
Robots move in as waste firms struggle to find staff
Humanoid robots are being added to the automation of waste sorting.
bbc.com
The threat to summer holidays looming from jet fuel shortages
What impact might shortages have on our summer holidays - and what could be done about it?
bbc.com
Will AI lead to more accurate opinion polls?
It's cheaper and faster to collect people's opinions using AI, but will it make polls more accurate?
bbc.com
Scammers are becoming ever more sophisticated - this is what the fightback looks like
Scams have exploded over the last few years. Can countries and companies come together to turn the tables on the scammers?
bbc.com
The £5.30 orange juice that tells the story of why supermarket prices are sky high
Butter, chocolate, coffee and milk have all seen prices rocket. Tracing back through the story of one particular supermarket staple begins to explain why
bbc.com
Prepare for turbulence - how a prolonged Middle East conflict could reshape how we fly
The Gulf's hub airports made long-distance travel cheaper - but now their future looks unclear.
bbc.com
Sir John Curtice: Why Labour's Brexit focus has shifted from Leavers to Remainers
Will the pursuit of a closer relationship with the EU risk courting electoral disaster by alienating Brexit-backing voters?
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